WednesdayApr 09, 2008 5:17 pm

VanceInfo Technologies, Inc. (VIT) Announces Opening of China Development Center for 3M China

VanceInfo Technologies (VIT), based in Shanghai, China, is an IT service provider and an offshore software development company. The company’s wide range of IT services include research and development services; enterprise solutions; application development and maintenance; quality assurance and testing; and globalization and localization. VanceInfo provides these services primarily to corporations headquartered in the United States, Europe, Japan and China, targeting high growth industries such as technology, telecommunications, financial services, manufacturing, retail and distribution. The company recently announced the opening of a China Development Center (CDC) in Shanghai specifically designed for 3M China. In the newly established CDC, VanceInfo’s application…

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WednesdayApr 09, 2008 5:06 pm

Inter Parfums, Inc. (IPAR) Reports Increases for Fourth Quarter and Year-End Results

Inter Parfums, Inc. (IPAR), based in New York, New York, develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Burberry, Paul Smith, S.T. Dupont, Christian Lacroix, Quiksilver/Roxy, and Van Cleef & Arpels. The company also owns Lanvin Perfumes and Nickel S.A., a men’s skin care company. It also produces personal care products for specialty retailers under exclusive agreements with Gap Inc., New York & Company, and Brooks Brothers. The company recently announced its results for the fourth quarter and year ended December 31, 2007. For the fourth quarter, net sales rose 32% to $119.4M, up…

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WednesdayApr 09, 2008 11:50 am

Global Roaming Distribution Inc. (GRDB.OB) Featured by Tech2.0 for International SIM Card Technology

Global Roaming Distribution Inc. (OTCBB: GRDB) was featured in Tech 2.0, a website devoted to technological advances. Tech 2.0 spotlighted Global Roaming’s international SIM card that works in more than 160 countries, can be used on almost any Quad band GSM phone, and saves users between 50 and 90 percent over other roaming services. "We have created a sensible and user friendly solution for low cost and high service international roaming. Just one CelTrek SIM card enables you to travel the world with all the features you'd expect from your home phone. Advanced voicemail, free incoming SMS/text messages, call waiting,…

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WednesdayApr 09, 2008 11:34 am

Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW) Quantum-Powered Fisker Karma Featured in Robb Report

Quantum Fuel Systems, a fully integrated alternative energy company and leader in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles, announced that Quantum-powered Fisker Karma, a high-performance hybrid sports sedan built through a partnership with Fisker Automotive, has been featured in the April 2008 edition of the Robb Report Collection. Henrik Fisker, CEO of Fisker Automotive, is the Danish designer of the “eco-chic” hybrid design which runs on Quantum Technologies’ “Q-Drive,” a fully electric-powered system that offers zero-emissions, no compromise on power, achieves 100 miles per gallon, and a hybrid propulsion system configured…

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WednesdayApr 09, 2008 11:31 am

NetSol Technologies Inc. (NTWK) To Participate In IT Apprenticeship Program

NetSol Technologies, Inc., a multinational provider of global business services and enterprise solutions to the financial service industry, announced that its APAC division will partake in an IT Apprenticeship Program started by the Pakistan Software Export Board (PSEB). PSEB will cover the cost of two hundred IT apprentices for a period of 12 months under the new program as well as apprentices being engaged in a rigorous combination of classroom and hands-on learning opportunities. The students will then graduate towards serving as resources for NetSol teams working on live revenue generating projects. Educating in the NetSol environment will give young…

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WednesdayApr 09, 2008 11:21 am

St. Jude Medical, Inc. (STJ) Acquires EP MedSystems, Inc. (EPMD) for $92.1 Million

St. Jude Medical, Inc., a worldwide medical device technology and services company addressing cardiac, neurological and chronic pain patients, and EP MedSystems, Inc., a company who develops, manufactures and markets a line of products for use in the cardiac rhythm management or electrophysiology market, announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which St. Jude Medical will acquire EP MedSystems for $92.1 million. It is anticipated to close during the third quarter of 2008, but is subject to certain closing conditions and regulatory approvals and approval by EP MedSystems shareholders. Under…

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WednesdayApr 09, 2008 8:43 am

Aida Pharmaceuticals Inc. (AIDA.OB) Develops Wide-Spectrum Antibiotic

Aida Pharmaceuticals Inc. (OTC Bulletin Board: AIDA) today announced its recently-acquired research institute, the Jiangsu Institute of Microbiology Co. Ltd, is working toward the development of a new wide-spectrum antibiotic, Wetimicin, in the People’s Republic of China. The company believes Wetimicin will have a larger market volume than its current product, Etimicin Sulphate. Wetimicin is part of the amino-glycoside family of antibiotics, and is being tested for its efficacy in the treatment of inflammation stemming from respiratory infection, urogenital infection, soft skin tissue infection, as well as trauma from operations and more. Wetimicin’s stronger applicability to such a wide range…

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WednesdayApr 09, 2008 8:38 am

Antigenics Inc. (AGEN) Receives Russian Approval of Cancer Vaccine

U.S. based Antigenics (AGEN-NASDAQ) announced on Tuesday that the Russian Ministry of Public Health has issued a registration certificate for the use of Oncophage in the treatment of kidney cancer patients at intermediate risk for disease recurrence. The company expects to launch its Oncophage product in Russia sometime in the second half of 2008. Antigenics is a biotechnology company which is developing products to treat cancer, infectious diseases, and autoimmune disorders. Their most advanced-stage product candidate is Oncophage. Oncophage is a personalized therapeutic cancer vaccine which is based on heat shock protein gp96. Antigenics is currently conducting clinical trials for…

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WednesdayApr 09, 2008 8:07 am

SpaceDev, Inc. (SPDV.OB) Launches Partnership with NASA

In Poway, California, there is a company with a grand vision of the future. SpaceDev, Inc. conceives, designs, and manufactures a wide array of extra-terrestrial technologies. These innovative products range from micro-satellites and other planetary orbiters, all the way up to the launch vehicles that enable these satellites to reach outer-space. It's true that space is indeed the final frontier, and perhaps the ultimate destiny of the human race. We cannot circumvent the fact that the Earth is an island of finite space and limited resources that will eventually reach its capacity for supporting an ever-expanding population. It is for…

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WednesdayApr 09, 2008 7:48 am

NextGen Bioscience Inc. (NXGBE.OB) Gains Important Ground in the Fight against Cancer

NextGen Bioscience Inc. is a disease-treatment research organization whose primary focus is cancer therapy. Its main goal is to achieve a new generation of cancer treatments that will be effective against several forms of this deadly affliction. New drugs and therapeutic procedures are being tested all the time by countless groups, as well as independent researchers across the globe. Cancer treatments now comprise the largest disease market in the world, and are expanding at an exponential rate. Estimated growth rates in the sector have been placed in excess of 20 percent per year. While the main intent behind this is…

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